Win Streak May Continue For Malaysia Shares

The Malaysia stock market has finished higher in three straight sessions, collecting almost 15 points or 0.7 percent along the way. The Kuala Lumpur Composite Index remains just shy of the 1,835-point plateau and it’s called higher again on Thursday.

The global forecast for the Asian markets is upbeat, thanks mainly to a solid bounce in crude oil prices. The European and U.S. markets were up and the Asian bourses figure to follow suit.

The KLCI finished slightly higher on Wednesday as gains from the financials and industrials were offset by weakness from the plantations and telecoms.

For the day, the index added 1.91 points or 0.10 percent to finish at 1,834.93 after trading between 1,829.71 and 1,837.80. Volume was 1.93 billion shares worth 1.98 billion ringgit. There were 580 gainers and 338 decliners.